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Mortgage Market Update
My Mortgage Company
Seth M Reeves
Tuesday, October 20, 2026
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Mortgage programs you might not know about |
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One of the biggest mistakes I see is borrowers assuming there's only one way to get a loan. The truth is there are more options than most people realize.
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National Mortgage Rates · October 16, 2026
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Conventional 30-Year
7.28%
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Source: Optimal Blue daily mortgage indices via FRED
Rates shown are national mortgage index rates and are provided for informational purposes only. Actual rates vary based on credit profile, loan amount, and market conditions. Please contact us for a personalized rate quote.
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Loan Programs
Why your neighbor's mortgage might look nothing like yours
Not all mortgages are created equal—and that's actually good news for you. Depending on your situation, you might qualify for a program that works better than what you thought was your only option. First-time buyers, those with less-than-perfect credit, self-employed borrowers, and people buying in rural areas all have specialized programs designed with them in mind. Even if you've been turned down before, a different loan structure or program might open doors you thought were closed. The right fit isn't always the most common choice—it's the one that matches your life and your goals. I'd love to walk you through what's actually available to you. Let's talk about which programs make sense for your situation.
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Tip of the Week
Your loan officer can run a credit simulator to show exactly which actions will move your score the most.
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Tips for Homeowners
Year-End Tax & Mortgage Planning
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1.
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Consider making your January mortgage payment in December to get an extra month of deductible interest in the current tax year (consult your tax advisor first).
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2.
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If you plan to sell next year, now is a good time to document improvements — receipts and records add to your cost basis and reduce taxable capital gain at sale.
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3.
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Review your W-4 withholding if you bought a home this year — your mortgage interest deduction may mean you're having too much withheld from each paycheck.
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Have questions about how any of this affects your mortgage or home purchase? We're here to help — reach out to the My Mortgage Company team any time and we'll walk you through your options. |
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Your Mortgage Advisor
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My Mortgage Company
Seth M Reeves
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